The Korea Herald

지나쌤

Korea’s stock performance better than G20 average

By 박윤아

Published : June 29, 2016 - 15:16

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[THE INVESTOR] Korea’s stock market suffered a slight decline in the first six months this year as investors took a risk-averse stance, data showed on June 29.

The benchmark Korea Composite Stock Price Index fell 1.76 percent to 1,926.85 points on June 27 from 1,961.31 points on December 30. The fall is better than the average decline of 3.08 percent for the world’s 20 major economies during the same period, according to data from the Korea Exchange.

Among the G20 countries, Argentina was the best performer with an increase of 17.98 percent, followed by Russia with a 17.40 percent rise and Brazil‘s 13.60 percent gain, the data showed.

The market capitalization on the KOSPI market fell 1.21 percent to 1,228 trillion won on June 28 from 1,243 trillion won at the end of last year. On Friday when Britain’s decision to exit the European Union was announced, 37.5 trillion won was wiped out of the Korean equity values, the KRX said.

(theinvestor@heraldcorp.com)